Many people do not know that metal can be recycled for cash. In fact, many people do not know that certain metals are even accepted in exchange for cash at most metal processing centers. If you are interesting in recycling scrap metal for money, before you begin it is important to know that the price of scrap metal can fluctuate depending on a variety of factors. Environmental conditions, the economy, industry strength, and more can all influence the price value of certain metals.

Be sure to educate yourself on these values before taking anything to a scrap metal processing and recycling yard. This way you can be sure you are getting the best return for your recyclable goods. Continue reading to learn more about the current prices of scrap metal right here in Indianapolis.

Price of Scrap Metal

Almost all metals are recyclable. You most likely have thousands of household items that can be recycled for their metal parts that you would never even consider. For example, blenders, laptops, cameras, speakers, fax machines, refrigerators, stoves, ovens, appliances, silverware, camcorders, navigation systems, brass instruments, remote controls, auto parts, routers, hubs, circuit boards, hubs, cell phones, and more. Some of those listed items are never thought of as “recyclable” by the average person.

Once you are familiar with the kinds of metals that can be recycled, research the current market values for nonferrous and ferrous metals. An easy way to remember the difference between ferrous metals and nonferrous metals is this: nonferrous metals (i.e. aluminum, copper, gold, chromium, nickel, lead, etc.) are NON-magnetic; while ferrous metals (i.e. iron, steel, cast iron, etc.) retain magnetic qualities. Here are the current market values for recyclable metals in Indy:

53′ Sheet/Post/Wood Floor $1100.00/flat
Torching $210.00/ton
#2 Heavy Melting Steel $240.00/ton
P&S Prepared $260.00/ton
Gas Engines $295.00/ton
Whole Cars $165.00/ton
Sheet Metal $165.00/ton
Auto Cast $210.00/ton
Complete Computers/Servers $0.30/ lb
Complete Laptops $0.55/ lb
Extrusions Bare $0.62/ lb
Extrusions Ptd $0.55/ lb
Aluminum Radiators (Clean) $0.48/ lb
Painted Siding $0.52/ lb
Aluminum/Copper Radiators(Clean)$1.15/ lb
Alum Cans (Ubc) $0.48/ lb
Yellow Brass $1.53/ lb
#1 Cu $2.62/ lb
#2 Cu $2.44/ lb
#2 Insulated Wire $0.96/ lb
#1 Insulated Wire $1.67/ lb
Low Recovery Wire $0.53/ lb
Sealed Units $0.11/ lb
Electric Motors $0.21/ lb
Copper Radiators (Clean) $1.58/ lb
Ballasts $0.12/ lb
304 Stainless Steel $0.40/ lb
316 Stainless Steel $0.55/lb

It is common for people to feel nervous or intimidated when visiting a scrap metal yard; but one way to avoid this situation is to know the values of the metals you intend to recycle and finding a recycling yard that gives the most honest returns on values. Remember, the most challenging part of recycling metal is being able to recognize the metal you have and understanding its worth. Knowing these things can make a person much more confident in the metal recycling process.

Indianapolis Metal Recycling

If you want the most honest cash returns for your recyclable metals in Indianapolis, Indiana, call Zore’s Recycling today. You can reach a licensed and experienced scrap metal professional by calling 317-244-0700, day or night. We accept all metals for recycling, as well as, junk cars, auto parts, electrical wiring, and more. For the highest cash returns on scrap metal in Indianapolis, IN, call Zore’s at 317-244-0700 today.